The key objective of the two-week National Transportation Safety Board mission in April will be to locate the voyage data recorder or "black box" dislodged from the TOTE Maritime general cargo vessel when it sank Oct. 1 during Hurricane Joaquin.
The United States Coast Guard is scheduled to meet with the Federal Maritime Commission on Feb. 18 to hear shipper concerns about the new verified gross mass requirement enacted by the International Maritime Organization.
Matt Rose, chairman and CEO of BNSF Railway, said a deal between Canadian Pacific and Norfolk Southern is unlikely because it would require buy-in from investors, rail labor, customers and public policy makers.
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XPO Logistics says YRC Freight, a top rival in the less-than-truckload space, improperly lured two key executives who brought with them confidential information and other key employees that would help blunt XPO's market strategy.
Japan's three largest shipping conglomerates, NYK, MOL and "K" Line all saw their bottom line hurt by overcapacity and continued weakness in the container and dry bulk markets.
The Port Authority of New York and New Jersey has asked that trucks not be sent to terminals after dockworkers reportedly walked off the job Friday morning.